Pennsylvania-based Pyramid Healthcare announced an expansion into Maryland with the acquisition of WaldenSierra, which provides residential, outpatient, and recovery support services in the state. Pyramid Healthcare currently operates around 80 behavioral health facilities and 6 autism schools in Pennsylvania, New Jersey, and North Carolina. The Braff Group originated the transaction and served as the
Upon completion of acquiring Compassionate Care Hospice for $340 million, Amedisys will become the third-largest hospice provider in the country. Most hospice transactions are being valued at 16 to 19 times EBITDA, and 20 transactions have been PE-backed in 2018. Managing Director Mark Kulik gave insight to Home Health Care News as to why valuations are
PITTSBURGH, October 15, 2018 — Lighthouse Autism Center (“Lighthouse” or the “Company”), a leading provider of center-based, Applied Behavioral Analysis (“ABA”) therapy, today announced a strategic investment from Abry Partners, a Boston-based private equity firm. The transaction closed in early October. Terms were not disclosed. The Braff Group originated the transaction and served as
There’s a game out there called “six degrees of Kevin Bacon.” Akin to the concept of “six degrees of separation,” CNN explains that the object is “to link celebrities to Bacon, in as few steps as possible, via the movies they have in common.
BrightSpring Health Services recently acquired Gateway Pediatric Therapy, located in the Great Lakes Region. Gateway is a provider of center-based, in-home and community-based applied behavior analytic (ABA) services to children with Autism Spectrum Disorder. The Braff Group provided exclusive advisory services to Gateway. Completed Transactions Behavioral Health Experts Ted
Although Lisa “Left Eye” Lopes may have made millions singing “don’t go chasing waterfalls,” such advice can cost you dearly in mergers and acquisitions.
Although mergers and acquisitions have slowed down in the home infusion market, it's good news for owners. Valuations in the sector are strong because of a shortage in inventory. Managing Director Reg Blackburn gave insight to HME News. “There are fewer new startups, and the other guys have been consolidating. It’s definitely a supply and
Texas-based Embrace Hospice was acquired. The company provided certified hospice services across eight contiguous counties. The Braff Group served as Embrace's exclusive mergers and acquisitions advisor.
After running a successful business over the years, many owners feel they know the industry well but have very little experience when it comes to selling their company. As sell-side advisors, Dexter Braff provided insight to Axial regarding how The Braff Group manages valuation expectations for our clients during a sale process.
PITTSBURGH, September 11, 2018 — Care Advantage, Inc., a leading provider of home health care services in the Mid-Atlantic and a portfolio company of BelHealth Investment Partners, LLC., has acquired Direct Home Health Care. Financial terms weren’t announced. The Braff Group originated the transaction and served as the exclusive mergers and acquisitions advisor to Direct Home Health Care.
